FY2025 Earnings Estimate for RJF Issued By Seaport Res Ptn

Raymond James Financial, Inc. (NYSE:RJF) – Equities research analysts at Seaport Res Ptn raised their FY2025 EPS estimates for shares of Raymond James Financial in a note issued to investors on Monday, October 6th. Seaport Res Ptn analyst J. Mitchell now forecasts that the financial services provider will post earnings of $10.37 per share for the year, up from their previous estimate of $10.32. The consensus estimate for Raymond James Financial’s current full-year earnings is $11.17 per share. Seaport Res Ptn also issued estimates for Raymond James Financial’s Q3 2026 earnings at $2.87 EPS.

Raymond James Financial (NYSE:RJF) last issued its earnings results on Wednesday, July 23rd. The financial services provider reported $2.18 EPS for the quarter, missing the consensus estimate of $2.36 by ($0.18). The firm had revenue of $3.40 billion during the quarter, compared to analyst estimates of $3.38 billion. Raymond James Financial had a net margin of 13.56% and a return on equity of 18.38%. Raymond James Financial’s quarterly revenue was up 5.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.39 earnings per share.

Several other brokerages have also issued reports on RJF. Keefe, Bruyette & Woods lifted their price target on shares of Raymond James Financial from $167.00 to $170.00 and gave the company a “market perform” rating in a report on Thursday, July 24th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Raymond James Financial in a report on Wednesday. JPMorgan Chase & Co. lifted their price target on shares of Raymond James Financial from $172.00 to $178.00 and gave the company a “neutral” rating in a report on Tuesday. JMP Securities lifted their price target on shares of Raymond James Financial from $175.00 to $180.00 and gave the company a “market outperform” rating in a report on Monday, July 14th. Finally, BMO Capital Markets assumed coverage on shares of Raymond James Financial in a report on Friday, October 3rd. They set a “market perform” rating and a $180.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $171.70.

Raymond James Financial Price Performance

Shares of NYSE:RJF opened at $165.10 on Wednesday. The firm has a 50 day moving average of $167.91 and a 200-day moving average of $154.17. The stock has a market capitalization of $32.92 billion, a PE ratio of 16.19, a PEG ratio of 1.27 and a beta of 1.03. The company has a current ratio of 1.04, a quick ratio of 1.02 and a debt-to-equity ratio of 0.33. Raymond James Financial has a 12 month low of $117.57 and a 12 month high of $177.66.

Raymond James Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Wednesday, October 1st will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Wednesday, October 1st. Raymond James Financial’s payout ratio is presently 19.61%.

Institutional Investors Weigh In On Raymond James Financial

A number of institutional investors have recently added to or reduced their stakes in the business. D.A. Davidson & CO. lifted its position in shares of Raymond James Financial by 3.6% in the 1st quarter. D.A. Davidson & CO. now owns 5,603 shares of the financial services provider’s stock worth $778,000 after purchasing an additional 197 shares during the period. Abacus Planning Group Inc. acquired a new position in shares of Raymond James Financial in the 2nd quarter worth approximately $222,000. Swedbank AB lifted its position in shares of Raymond James Financial by 173.0% in the 2nd quarter. Swedbank AB now owns 31,598 shares of the financial services provider’s stock worth $4,846,000 after purchasing an additional 20,022 shares during the period. Golden State Wealth Management LLC lifted its position in shares of Raymond James Financial by 164.0% in the 1st quarter. Golden State Wealth Management LLC now owns 198 shares of the financial services provider’s stock worth $28,000 after purchasing an additional 123 shares during the period. Finally, Assenagon Asset Management S.A. lifted its position in shares of Raymond James Financial by 13.8% in the 1st quarter. Assenagon Asset Management S.A. now owns 24,979 shares of the financial services provider’s stock worth $3,470,000 after purchasing an additional 3,035 shares during the period. 83.83% of the stock is owned by institutional investors.

About Raymond James Financial

Raymond James Financial, Inc, a financial holding company, through its subsidiaries, engages in the underwriting, distribution, trading, and brokerage of equity and debt securities, and the sale of mutual funds and other investment products in the United States, Canada, Europe, and internationally. The company operates through Private Client Group, Capital Markets, Asset Management, RJ Bank, and Other segments.